FundingShield, Newport Beach, Calif., found that during the third quarter, 46.43% of transactions on an $82 billion portfolio of residential, commercial and business purpose loans had issues leading to a risk of wire and title fraud.
Tag: FundingShield
FundingShield Finds Fraud Risk Still High in Q2
FundingShield, Newport Beach, Calif., released its second-quarter report, finding that 47.08% of transactions in a $74 billion portfolio including residential, commercial and business purpose loans presented some risk.
FundingShield: Fraud Risk Still High in Q2
FundingShield, Newport Beach, Calif., released its second-quarter report, finding that 47.08% of transactions in a $74 billion portfolio including residential, commercial and business purpose loans presented some risk.
FundingShield: Q1 Wire, Title Fraud Risk Remains High
FundingShield, Newport Beach, Calif., reported that wire and title fraud risk dropped somewhat from record-breaking levels hit in the fourth quarter of 2023, but 48% of loans processed in the quarter still exhibit at least one risk factor.
Industry Briefs, Jan. 12, 2024
Industry news from Blue Sage Solutions, FundingShield, FICO and CrossCountry Mortgage.
FundingShield: Concerns of Wire, Title Fraud Still High in Q3
FundingShield, Newport Beach, Calif., reported risks of wire and title fraud remained high in third-quarter data, although fairly flat from the previous quarter.
Industry Briefs Oct. 16, 2023
Industry news from Truv, Valligent, titleLOOK, nCino, FundingShield and Mortgage Cadence.
Industry Briefs Oct. 13, 2023
Industry news from Valligent, titleLOOK, nCino, FundingShield and Mortgage Cadence.
Industry Briefs Sept. 8, 2023
Industry briefs from CV3 Financial Services, FundingShield, Advocus National Title Insurance Co. and MortgageFlex.
Industry Briefs Sept. 7, 2023
Industry briefs from CV3 Financial Services, FundingShield, Advocus National Title Insurance Co. and MortgageFlex.